AI News from ET - AI investment in emerging markets must go beyond models to ecosystems: Report

Artificial intelligence is poised to revolutionize economies, but emerging markets must cultivate local ecosystems to truly benefit, a World Bank report reveals. Beyond importing models, success hinges on robust digital infrastructure, skilled talent, and adaptable AI building blocks. This shift promises short-term productivity gains and long-term economic transformation, provided challenges like market fragmentation and global player concentration are addressed through strategic investment and collaboration.

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